COMCEC Agriculture Outlook 2017
3
Figure 1. OIC Agricultural GDP and its Share in the World
Source: Annexes 2-6
The values of agricultural production in the OIC member countries have increased in the last
decades due to increases in production as well as higher prices. Figure 1 shows agricultural
sector’s contribution to GDP and its share in the world’s agricultural production. In 1990, OIC
agricultural GDP was 186 billion US Dollars with a share of 16 percent in the world’s
agricultural production. In 2015, OIC agricultural GDP reached 653 billion US Dollars with a
share of 21 percent in the world’s agricultural production. This figure is important because it
shows the increasing importance of OIC agriculture in the world. However, OIC member
countries have a relatively lower performance in agriculture sector since, according to FAO,
OIC member countries own 29 percent of total world agricultural area. Therefore, the potential
of agricultural sector in OIC member countries could be more effectively utilized to increase
their share in world agricultural output.
1.145 1.102
2.563
3.133
16
18
22
21
0
5
10
15
20
25
0
500
1.000
1.500
2.000
2.500
3.000
3.500
1990 2000 2010 2015
Percent
Billion Dollar
OIC Total World Total Share of OIC Agricultural GDP in the World